The Spanish tourism industry recovered with great strength post-pandemic, with most resort destinations experiencing a surge in air traffic boosted by connectivity improvements in 2023, including new international routes. Despite the emergence of alternative sun destinations and further development of direct competitive markets (Italy, Greece, Portugal, etc.), Spanish resorts consolidated their position as the leading […]
Banks and other lenders shared a mostly positive outlook for the asset-based lending market in the first quarter, fueled by predictions of a soft landing for the U.S. economy. But they are mindful of looming regulatory changes and continue to monitor portfolios for signs of post-pandemic stress, according to data released by the Secured Finance Network […]
Once overlooked by the global tech industry, 2024 marks Latin America (LatAm) as the best region for tech “unicorns”, and particularly fintech start-ups, to emerge as game-changers and industry leaders. Worldwide, businesses are realising the advantages of the region’s emerging tech talent and market potential and are flocking to be part of the exponential growth […]
As of 14 June, credit growth has reached 3.79 % compared to the end of last year, according to a report by the State Bank of Viet Nam (SBV). However, challenges still abound in promoting credit growth. The SBV recently issued a document requiring implementation of solutions to achieve a credit growth rate of 5-6 […]
Dah Sing Bank, Limited (“Dah Sing Bank” or “the Bank”) said today that according to the findings of its “2024 Survey on Business Opportunities for SMEs” (the “Survey”), Hong Kong’s small and medium enterprises (“SMEs”) are generally confident about their future. Over 70% of SMEs surveyed expect business growth in the next 12 months to […]
On 12 June 2024, the winners of the 2024 FCI Awards have been announced during the FCI 56th Annual Meeting held in Seoul. FCI Business Awards The FCI Factor of the Year Awards recognise FCI Members who received the highest grades from their correspondents based on several criteria. Under this Award, we have various categories. […]
In 2024, the international real estate advisor expects a 30% YoY increase to 4.3m sq m, followed by a 3% YoY fall to 4.2m sq m in 2025. Developers have faced a significant increase in costs over the last few years which has impacted their pipeline. European office construction costs have risen by circa 50% […]
Nearly 90 % of Filipino small businesses expect to see growth in 2024 as the country ranks first among 11 surveyed Asia-Pacific markets for the third consecutive year, according to new research conducted by CPA Australia. CPA Australia’s Asia-Pacific Small Business Survey collected views from 4,222 small businesses in 11 Asia-Pacific markets, including 303 from […]
The Asia Corporate Payment Survey, conducted by Coface between December 2023 and March 2024, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region. Respondents are active in nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Taiwan and Thailand) and 13 […]
Merge, a B2B fintech company that provides payments and banking infrastructure for digital businesses via a single API, is significantly expanding its currency coverage, adding US dollars (USD) and 60 other currencies to its existing GBP and EUR offerings. Merge’s expanded offering will include additional currencies from G10 countries like Australia, Japan, Canada, and Switzerland. […]
